Nearly everyone knows about the recent fight between boxer Floyd Mayweather and mixed martial artist Conor McGregor. What people may not know, and may never have even considered, are the tax consequences of the fight.

Friday’s report from the Bureau of Economic Analysis (BEA) was so filled with disclaimers that one will have to wait another month to get a true picture of how the economy is performing under President Trump, but there's more good news than bad news. You just have to dig for it.